(Cai et al., 2015) · Micro Networks Reading Group
Department of Economics, Vienna University of Economics and Business (WU Vienna)
May 12, 2025
Cai et al. (2015) study how social networks influence the decision by farmers to take up insurance against extreme weather events.
In the First Round, households are divided into treated (intensive session) and control (simple session). In the Second Round, farmers are again divided into intensive and simple sessions, and are then shown either no, aggregate, or individualized information on purchasers of the insurance.